. >>> america has a new ally in the ongoing conflict of north korea. she is south korea's new president-elect, nicknamed the ice queen. she won yesterday's election. her father was president in the '60s. >>> a familiar honor for president obama. he is, again, "time" magazine's person of the year. an editor said, we are in the midst of historic, cultural and demographic changes. and obama is both the symbol and in some ways the architect of this new america. he also received the honor in 2008. >>> and coming up next, after the break, how the fiscal cliff could mean a delayed tax refund. don't like to hear that. for millions of americans. >>> plus, it's a procrastinator's dream. deep discounts expected at stores this weekend, after a disappointing season so far. >>> and the universe has a new reigning beauty queen. we'll tell you the winner when we come right back. (kj;ñ;ñ;ñ;ñx >>> welcome back, everybody. the deadlock over how to avoid the fiscal cliff is putting a damper on stocks. for the first time this week, all the major averages on wall stree